Dividend Declaration

To:  Company Announcements

Date:  3 May 2022

Company:  Standard Life Investments Property Income Trust Limited

Subject:  Dividend Declaration

First Interim Dividend

The Directors of Standard Life Investments Property Income Trust Limited (the "Directors") have declared a property income dividend of 1.0p per share be payable in respect of the quarter ended 31 March 2022.

Ex-Dividend Date -  12 May 2022

Record Date -  13 May 2022

Payment Date -  27 May 2022

Dividend per Share -  1.0p

All Enquiries:

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
PO Box 255
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

Tel:  [phone]
Fax: [phone]